CB Financial Services, Inc. (CBFV) vs First Guaranty Bancshares, Inc. (FGBI)

CB Financial Services, Inc. and First Guaranty Bancshares, Inc. are both Banks Regional companies. CB Financial Services, Inc. and First Guaranty Bancshares, Inc. are of similar size ($207.6M and $196.0M). First Guaranty Bancshares, Inc. has negative trailing earnings, so its P/E is not meaningful; CB Financial Services, Inc. trades at 28.3×. First Guaranty Bancshares, Inc. grew revenue faster over the last twelve months: −8.17% against −9.38%. CB Financial Services, Inc. has the higher net margin (9.90% vs −17.9%) and the higher return on invested capital (4.10% vs 0.00%). Both pay a dividend; CB Financial Services, Inc. yields more (2.71% vs 0.34%). Across the 17 metrics below, CB Financial Services, Inc. leads on 11 and First Guaranty Bancshares, Inc. on 6.

Valuation

Metric CBFV FGBI Banks Regional median
P/E 28.35 n/m 11.87
P/S 2.82 0.89 2.35
P/B 1.27 0.99 1.23
Price to free cash flow 10.51 4.80 10.45
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.53% (21.97%) 8.34%
Free cash flow yield 9.52% 20.85% 9.37%

Profitability

Metric CBFV FGBI Banks Regional median
Gross margin 66.30% 43.27% 69.92%
Operating margin 0.00% 0.00% 0.00%
Net margin 9.90% (17.91%) 18.99%
Free cash flow margin 26.86% 18.49% 18.19%
Return on equity 4.65% (18.24%) 10.45%
Return on assets 0.45% (0.98%) 1.15%
Return on invested capital 4.10% 0.00% 8.54%

Growth

Metric CBFV FGBI Banks Regional median
Revenue growth (TTM) (9.38%) (8.17%) 6.56%
EPS growth (last fiscal year) (61.34%) (614.81%) 18.85%
Revenue growth, 5-year CAGR 3.83% 12.24% 12.65%
Net income growth, 5-year CAGR 0.00% 0.00% 9.81%

Health

Metric CBFV FGBI Banks Regional median
Debt to equity 0.21 0.82 0.14
Current ratio 0.85 0.73 0.92
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric CBFV FGBI Banks Regional median
Dividend yield 2.71% 0.34% 2.51%
Payout ratio 0.81 — 0.30

Size

Metric CBFV FGBI Banks Regional median
Market cap 207.57m 196.00m 915.17m

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